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Cascadia Minerals Ltd V.CAM

Alternate Symbol(s):  CAMNF

Cascadia is a Canadian junior mining company focused on exploring for copper and gold in the Yukon and British Columbia . Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper and 30.00 g/t gold.


TSXV:CAM - Post by User

Post by silvereagle80on Jul 13, 2022 4:45pm
212 Views
Post# 34822135

Runaway Inflation &Falling Stocks should increase gold price

Runaway Inflation &Falling Stocks should increase gold priceI have been following Atac since the&nbsp; 80&quot;s&nbsp; There were statistics available on the internet&nbsp;&nbsp;of prices in the 1960&#39;s.&nbsp; &nbsp;A couple other small gold mining stocks went from $.04 to $400.&nbsp; I guess during that run the riverboat gamblers got away from the casinos and into the mining stocks.&nbsp; Prices eventually settled down.&nbsp; &nbsp;Then prior to 2008, a similar but less dramatic rise happened again. ATAC was pushed to nearly $10.00 per share.&nbsp; I guess the speculators eventually realized that gold mining is not like farming.&nbsp; It may take 20 years or more to find the gold, get the permits , finance the project.build the plant and start mining for gold.&nbsp; The scene is being set, I think, for&nbsp; one of those crazy runs in the small gold stocks.&nbsp; Falling stock market and run away inflation,etc .&nbsp;&nbsp;<br /> &nbsp; &nbsp; &nbsp;Atac at $.09 is 1/100 the value of its highest price. The gold is in the ground, you just have to dig it out. (build a road too).&nbsp; &nbsp;I would suggest that the ATAC people look at Seabridge&#39;s (SA on the NYSE) presentation on&nbsp;their website.&nbsp; Seabridge has a two page presentation of&nbsp;mineral reserves and resources.&nbsp; If you calculate it all out, they have about $1,700 of resource for each $12.00 share of stock.&nbsp; $12.00 is more than 100 times higher than ATAC&#39;s&nbsp;current stock price. ($.09, .90, 9.00).&nbsp; &nbsp;When this gold market makes a run for the moon as it does about every ten years, Seabridge will have a nice presentation&nbsp;for the new gold stock investors.&nbsp; Also, over the last 10-15 years Seabridge&nbsp; has only increased their shares by 150% while they increased their total resource by 900% ATAC has done pretty well too.&nbsp; At $.09 there is a lot more upside than downside. I hope ATAC management&nbsp; shows the new potential investors what a bargain they are getting by buying ATAC stock.&nbsp; There are a lot of new investors that will want to buy a $.09 stock that shows a lot of resource in the ground..&nbsp; &nbsp;Keep the faith.
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